INTC Trade on Jul 24, 2020 09:33 from tmoe2: Tradervue User Stock Trades.

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tmoe2

 

Pre-market Notes
SPY is continuing to show weakness into the morning. we have created a lower high at the very important $323.54 and this is our first major resistance on the upside. $319-$319.5 must be defended by bulls, especially on a daily closing basis, or this could get rather ugly ($315.5, $313-$314). A bounce is certainly possible from $319. Bears can look to make a lower high at 323.54 or 325.85.

INTC - once it dropped 53.5, there was nothing but selling. keep an eye for a lower high in this area. 50-52 has a lot of buyers, but they are not really showing themselves in premarket. breaking 50 could lead to a move to 46-45.

Post Market:

INTC - I executed well on INTC, but was afraid to push myself to size up. I was worried that the trade wouldn't work because the market "looked" weak and INTC had fallen so much. Even though the setup was great. I need to recognize this and keep my sizing consistent. I could've added when it started holding over 50 as well.


Execution detail:

Date/time Symbol Side Price Position
2020-07-24 09:33:29 31 JUL 20 51 CALL buy $1.280 long
2020-07-24 09:37:23 31 JUL 20 51 CALL buy $1.120 long
2020-07-24 10:21:36 31 JUL 20 51 CALL sell $1.340 long
2020-07-24 10:24:40 31 JUL 20 51 CALL sell $1.390 long
2020-07-24 10:30:05 31 JUL 20 51 CALL sell $1.500 long
2020-07-24 11:05:45 31 JUL 20 51 CALL sell $1.710 0


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